Hey Moonshine,
Yes thats the problem, something wrong with the waterpump -- so started leeking from the weephole.
So for the info of all friends who tried to help me -- it seems -- when a water pump fails/pump seal fails -- this weep hole is provided so that the coolent is drained out from this hole -- so that coolent is prevented from going in/on other parts.
I replaced my car water pump, it seems the timing belt is perfect, -- else I would have replaced the complete timing belt kit. Replaced the drive belt(which runs the alternator) though -- was in bad shape.
Once again thank you all guys.
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Originally Posted by moonshine
Sound like you have a water pump failure.Water pump is equipped with weep or vent hole. If a failure occurs in the pump seal, coolant will leak from this hole.If this is the case you will have to replace the pump with a rebuilt or brand new one.It takes almost the same amount of time to replace the water pump as replacing the timing belt.That is why I always replace the water pump when ever I replace the timing belt. good luck
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